Ziggo to cut 20% of workforce
October 17, 2014
The merger of Dutch cable companies UPC Netherlands and Ziggo will result in around 900 workers losing their jobs according to daily the NL Times.
The companies currently employ a combined total of around 4,500 and about 20 per cent will become redundant, with service centre temp-workers looking most likely to be laid-off.
Ziggo shareholders have until November 4th to accept UPC parent Liberty Global’s offer and submit shares in order for the merger to go ahead.
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